The future of accounting is bright according to the Industry Survey Statistics, which projects a 34% increase in job openings by next financial year. Much of this reflects the increasing complexity of corporate transactions and growth in government. Demand is especially high in the International Sector.

According to the survey, as the global economy grows, the number of international & national business establishments will increase, requiring more Indian accountants and auditors to set up books, prepare taxes, and provide management advice. Changing financial laws and regulations, and increased scrutiny of company finances will also drive growth.

We're looking for highly motivated team players with the following skills:

• Accounting — the ability to apply accounting policies and principles to properly record, report and maintain financial data associated with operational activities.
• Analysis and problem solving — the ability to analyze financial information, select and gather data, and recommend or determine a course of action.
• Teamwork — a strong commitment to maintaining collaborative working relationships with internal partners and external customers.
• Leadership — the ability to handle multiple job responsibilities, set priorities, maintain a high level of accomplishment, and implement process improvements.
• Communication — the ability to listen carefully and to use clear, concise oral and written skills to convey facts, present positions and interpret policies.
• Technology — the ability to use sophisticated software and tools.

Candidates should have a bachelor's or master's degree.

Typical assignments include the following:

As a revenue accountant, you'll:

• Learn the fundamentals of the oil and gas industry.
• Account for the production, disposition and sales of crude oil and natural gas products.
• Determine product value and production taxes.
• Use computer-based systems to allocate production shares to property owners.
• Review the pricing of contracts and agreements.
• Prepare analyses for client's Production, Land, Tax and Law departments.

As an accountant in the Upstream Accounting group, you'll work with teams to:

• Provide accounting support to domestic oil and gas production organizations.
• Apply fixed-asset and work-in-progress accounting procedures.
• Account for the acquisition, exploration and development of oil and gas leases.
• Review joint operating agreements and contracts to determine how they mandate the accounting for capital and operating expenditures.
• Develop interpersonal and negotiating skills through regular interaction with representatives from partner companies.
• Use SAP software and client's Land Information System software.

As a manufacturing and supply accountant, you'll:

• Interpret contracts and other source documents needed to invoice customers and pay suppliers.
• Prepare accounting entries associated with sale, purchase or exchange transactions.
• Monitor and control all stock activities for proprietary and third-party plants and refineries.
• Provide accounting data, reports and analyses to client Products Supply, Marketing and Refining personnel.

As an accountant with the Excise Tax group, you'll:

• Prepare and file excise tax returns in states where client has business activity.
• Learn, and keep up to date with, state and federal excise tax regulations to determine customers' taxability for new account setups, and to ensure proper client reporting.
• Work with state taxing authorities to ensure that client is in compliance with tax regulations.

As an accountant in the Financial Accounting group, you'll work in one of five accounting teams that:

• Account for acquisition, disposition and transfer of assets.
• Consolidate the monthly data to develop financial statements for various client operating companies.
• Prepare government reports.
• Perform equity and subsidiary accounting.
• Account for payroll costs.
• Perform general ledger account reconciliation.
• Track and report dealer loans.
• Apply policies and procedures affecting fixed-asset accounting, which will enable you to provide guidance to internal customers.
• Use SAP extensively in performing these activities.

As a credit and receivables accountant, you'll:

• Analyze financial statements.
• Set customer credit lines.
• Manage accounts.
• Obtain security for commercial accounts.
• Perform account reconciliation.
• Develop and maintain customer relations.
• Use SAP and Decision Desktop software applications regularly.

Choose a country to find an accounting job today.

The work of an auditor involves examination of accounting of ledgers and financial statements within corporations and government.

Budget analysts develops and manage an organizations financial plans. There exist extensive job opportunities in this area in government as well as the private sector.

Financial accountants prepare financial statements based on ledgers and are engaged in significant financial decisions involving mergers & acquisitions, planning and long-term financial projections.

Management Accounting

Management accountants participate in judgments about capital budgeting and business analysis. Their job profile consists of cost analysis, analysis of new contracts and participation in efforts to control expenses efficiently.

Tax

Tax professionals prepare corporate and personal income tax statements and formulate tax strategies. This kind of work requires an extensive knowledge base of economics and current tax code.

Accountants Work at :
Public Accounting Firms

Professionals employed in such enterprise work in partnerships, which bestow accounting services to individuals, businesses and government. This field offers progressive potentials to Indian audit managers, tax managers or partners.

Government

Government accountants have the option of working at the local/state level or the central level. They may be involved with administration and formulation of budgets, cost tracking or program analysis.

Various Corporations

International Corporations, be it big or small commonly have an accounting group (consisting of audit manager, tax manager & cost accounting manager), which prepares the firm's fiscal statements, handles tax issues, tracks costs and works on international transactions.